By David Shepardson WASHINGTON (Reuters) -Time is running out on a deadline for Microsoft to complete its $69 billion acquisition of Activision Blizzard, compelling the companies to ask a U.S. judge on Wednesday to quickly get the ball rolling on the Federal Trade Commission’s legal bid to block the deal. U.S. District Judge Edward Davila…
By Dan Whitcomb LOS ANGELES (Reuters) – A U.S. Marine and a second man were arrested on charges they threw a burning Molotov cocktail at a Planned Parenthood clinic that provides abortions and other services in Southern California last year, federal prosecutors said on Wednesday. Chance Brannon, a 23-year-old Marine stationed at Camp Pendleton base…
By Andrew Goudsward (Reuters) – A voting rights lawyer for the American Civil Liberties Union on Wednesday overcame fierce Republican opposition to secure U.S. Senate confirmation as a judge on the Manhattan federal district court. Dale Ho, director of the ACLU’s Voting Rights Project, was confirmed on a nearly party-line 50-49 vote. Sen. Joe Manchin…
WASHINGTON (Reuters) – The Committee to Protect Journalists on Wednesday called on the U.S. government to urge India to end a media crackdown and release six detained journalists. A statement from CPJ President Jodie Ginsberg ahead of a state visit to Washington next week by Indian Prime Minister Narendra Modi said there had been an…
By Dietrich Knauth (Reuters) – Right-wing conspiracy theorist Alex Jones could face two more defamation trials in 2023, under an agreement meant to put a price on lies that Jones told about school shootings in the U.S. Jones’ attorneys previewed the agreement at a Wednesday court hearing in Houston, telling U.S. Bankruptcy Judge Christopher Lopez…
By Tatiana Bautzer NEW YORK (Reuters) -Citigroup Inc in the second quarter will book severance costs associated with around 1,600 job cuts, Chief Financial Officer Mark Mason said on Wednesday. Speaking at a conference in New York, Mason said the bank’s expenses in the second quarter will be $300 million to $400 million higher than…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A raft of economic data and a likely medium-term policy easing from China will give Asian markets direction on Thursday, but the main steer will probably come from investors’ reaction to the Federal Reserve’s ‘hawkish…
By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court in Manhattan on Wednesday said the exiled Chinese businessman Guo Wengui should remain in jail while he awaits trial over an alleged fraud that federal prosecutors have said exceeds $1 billion. The 2nd U.S. Circuit Court of Appeals said it did not have a…
(Reuters) – Lennar Corp on Wednesday raised its full-year forecast for home deliveries, as the homebuilder benefits from upbeat demand that far outpaced supply. Shares of the company were up nearly 3% at $118 aftermarket. Homebuilders are benefiting from the lack of existing home inventory and pent up demand they were unable to meet in…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices fell more than expected in May as the costs of energy goods and food declined, signaling that inflation pressures were abating throughout the economy and could eventually provide relief to consumers. The report from the Labor Department on Wednesday also showed the annual increase in producer…
